St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-28
THE COMMERCIAL RECORD.
After Three Days Vacation the Mar
kets Opened With Bullish
Turn.
Wheat Was Quoted Easy, Corn Firmer
and Oats Firm, and Quiet
Market.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
Special TO the Globe.

Special TO the Globe.
CHICAGO. Dec. 27-The markets opened
rested but not notably active. There was
some local buying of wheat on strong and
higher foreign cables The sale OF hIteeh
or twenty eargoes, mostly CALIFORNIA;, at the
close of last week AT full prices, ana bloolhg
for more, was reported in private dispatches
this morning Nav wheat opened al S4s4e'
an advance of lsc from friday. and at once
Went 10 s5Isc, with fair trading around soc
The nearby months were quoted al a full l2c
advance. January selling early at 7e@'s%4c
and February at 7Ss4c. Corn was dull at
about Fridays closing, viz, 3; s4Q34lse for
Nav. Provisions displayed signs OF life ana
NAV pork tiuctuated between S15-5o and
SIS. As, MAY lard ranged SS.12l26S.O1l2, and
January ribs were quoted at 81 6Oc1' GLE
There was only moderate supply OF hogs at
the Yards but the speculative pressure was
strong from the top. The foreign situation
is described as strong, and there Is
unouestionably a revival of activity
in the English trade. A private
cable mentions the fact that deal involving
the sale of 100000 quarterS-SOO, 600 bu-ot
California v heat off coast had been closed,
the figures named by the report being o4s.
Baltimore reports tae loading of 100000 bu
on steamer to-day. The foreigners are III the
market far ahead as well as for immediate
shipment and indications point to a resump-
ton of the export movement from the At
lantic ports on rather large scale. The in
terror movement is expected to fall of. In
fact. it has fallen off, and sharply, too The
receipts at Duluth. Minneapolis, Toledo, ST.
Louis, Detroit and Chicago for the past TOUR
DAYS are expressed in remarkably small hg-
ures. There was an increase of about l,oOO,-
l. L., fl,n hrrl- rs
week, but this is likely to be the last increase
of the crop. The visible supply changes
for the week were as follows:
Wheat CO.,, 1S4 bu increase; corn, 407,-
$40 bu increase; oats, 176,776 bu decrease;
rye, $500 bu decrease; barley, 427,036 bu
increase The local situation is strong and
the market advanced lie before noon.i spite
of selling of large lines and the general OPP
position of the crowd. Offerings were alb
sorbed without embarrassment. May as
cended to S55sc and reacted only fractionally.
The tone was strong all morning, though
local sentiment favored a decline. New
York did a good deal of buying. Corn was
dull and firm throughout the session. The
scalpers first tried to break it, and then they
turned bulls, lifting the price above 54c and
holding it there resolutely. One scalper gave
provisions whirl this forenoon. He started
the ball by bidding for %, 900 bbls of May
pork at $3.50 and then 10000 bbls, neither
bluff being called. There was general buy
ing all day in a small way, presumably for
country account. May pork sold up to
Sl577I2 and May lard TO SS.22l2 before l
O'Clock, an advance of 3C@35c in pork and
l2I2c i'll lard. Ribs gained 2I2e.
THE ROUTINE REPORT.
Chicago. Dec. 27.-All the markets on
'change Opened with bnlliSh turn after three
davs' vacation. The holiday movement of
stuff was very light, and English cables were
VERY strong. Light receipts of hogs to-day
made pork very firm. May wheat opened at
S4s4e and Immediately advanced to S5c,
against a close Friday at S15sc. May corn
started at J4c. against Fridays close at 53fS
$3.50. The market held very firm, and the
range after the first opening at S4S4c was
between S47s and S5IsGI S314c for MAY wheat
Nav corn ranged between 53s4615375c and
544e, the high price being touched at
the end of the hour. May pork kept between
SI5 10 and Sl5.55, but was rather steady at
SI55 the greater part of the time. Very
heavy outside buying. May wheat then went
10 S5Ssc, but when the visible supply state
ment was given out ii eased off to S5l4c. May
corn at this time touched 54ssc. May pork
advanced TO Sl5.65 by 1870 and May lard.
which opened unchanged at $50 and had
eased off to S9.O7l2@S.lO, advanced TO
SIZE There was sharp bidding for pork
before the 1 o'clcck close. and prices were
run up very quicIl Is. May pork advanced TO
SIS. 77I2 and closed at S15.75. Wheat and
corn advanced in sympathy.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-NO. . January opened at 7Sc,
closing at 7S5sc; February. 1S$4c. closing at
T9ssc, March, 79lac, closing at soc: May,
slice, closing at S5l2c. Corn-NO. Decem-
Der opened at 4SI2c. closing at 49Ac; Janu-
arv. 4SIsc closing at 49l4c; February, 4S7Sc,
closing at 49s8c; May, dc, closing at
5I8.c. Oats-May. 337Sc, closing at 34Ssc.
Mess Pork, per bbl-January opened at
Sl4 S214, closing at S15.11l2; February, SIS,
closing at SIS 3ll2; May, $3.50. clos
ing at $3.50. LARD, per 100 lbs-January
opened at $40, closing at SO; Feb
Tuary, S7.S2I2, closing at S7.91; March,
S7.92l2, closing at $500; May,
$50, closing at So. l2l2. Short Ribs. per
at S7.75; February, $40, closing at
S7.s5; Marcn, $3.50, closing at S795;
May, $500, closing at ssh.
Cash quotations were as follows: Flour
dull. prices steady and nOminally unchanged.
wheat-No- 2. spring, 7sGaSlsc; No. )
No. 9. 49c. OatS-No. ., 3l@3l14c. Rye
No. ., 62c Barley-No. =, 74GD7Sc. Flax
Seed-No. L, SI.30@1.3l. Prime timothy
seed, 81. 37@2.39. Mess pork, per Dbl, SD
ml51O. Lard, per 100 lbs, $50. Short
rib sides Qoosel, $40. Dry saIted Shout
ilers. boxed, So 9Os16. Short clear sides,
boxed, SS.1G@S.i5. Whsky-Distillers fin
ished goods per gallon, S1:10. Sugar-Cut
loaf. 73l0 sac; granulated, Z Loo; standard
"a" &c. Receipts-Flour, 24o00 bhls;
wheat, $4,000 bu; corn, 1861 bu; oats,
$4,000 bu; rye, 5000 bu; barley, 81, 600 bu.
Shipments-Flour. 81, 900 bbls; wheat. 2s,
600 bu; corn log, 900 bu: oats 81 900 bu;
rye 1000 bu; barley, 81 .O00 bu. On the
was quiet extra creamery 2Sl2030c; fancy
dairy, 25GI26c. Eggs 22G23c.